The sudden implosion of a once-promising financial technology firm serves as a stark reminder that even regulatory approval and market presence are no guarantees of stability. For London-based Guavapay, a company authorized to provide e-money and payment services, the journey from a regulated
Amid escalating geopolitical tensions that have seen economic tools increasingly wielded as instruments of statecraft, the European Central Bank has intensified its advocacy for a digital euro as a critical pillar of the continent's strategic autonomy. ECB Executive Board member Piero Cipollone
A fundamental transformation is reshaping Africa's financial sector, moving far beyond the initial wave of digital access to usher in an era of sophisticated, predictive financial intelligence. Based on a comprehensive survey of 203 senior banking executives across 40 African nations, it is clear
The traditional lines separating Wall Street from Silicon Valley have blurred to the point of disappearing, a change underscored by Wells Fargo's strategic appointment of a former top Amazon AI executive to steer its artificial intelligence division. This decision is far more than a simple
The cash-back, airline miles, and other perks that millions of Americans have come to expect from their credit cards could be at risk due to a contentious legislative proposal gaining traction in the Senate. The National Taxpayers Union (NTU) has issued a stern warning against an amendment that
In a definitive move that underscores the shifting power dynamics within the financial services industry, Capital One has entered into an agreement to acquire the fintech firm Brex in a blockbuster $5.15 billion transaction. This cash-and-stock deal is far more than a simple acquisition; it
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